The Suspense Reconciliation Officer is a full-time, on-site role based in Lagos, responsible for managing and reconciling suspense accounts to ensure accuracy and integrity of financial records. The role involves daily review and analysis of transactions posted to suspense accounts, timely identification and investigation of variances, and resolution of unmatched or outstanding items within defined timelines. The officer will prepare reconciliation schedules and reports, escalate unresolved issues to relevant stakeholders, and follow up until closure.
Responsibilities also include maintaining up-to-date documentation of reconciliation processes, supporting internal and external audits, and recommending process improvements to minimize reconciliation exceptions. The Suspense Reconciliation Officer will collaborate closely with finance, operations, and other internal teams to ensure proper transaction coding, adherence to financial controls, and compliance with organizational policies and regulatory requirements.
Qualifications
Strong understanding of accounting principles, suspense account management, and bank or ledger reconciliations.
Proficiency in MS Excel and other spreadsheet tools; familiarity with accounting/ERP software and financial reporting systems.
Excellent analytical, problem-solving, and numerical skills with high attention to detail and accuracy.
Effective written and verbal communication skills, with the ability to document findings and collaborate with cross-functional teams.
Well-organized, able to prioritize tasks, meet deadlines, and work independently with minimal supervision.
Bachelor’s degree in Accounting, Finance, Economics, or a related field; relevant professional certifications (e.g., ICAN, ACCA in progress or completed) are an advantage.
Previous experience in reconciliation, finance operations, or banking/financial services is highly desirable.
Demonstrated integrity, discretion, and commitment to maintaining confidential and sensitive financial information.